Australia's SKS Technologies hits record high on upbeat annual results

SKS Technologies

26/08/2025 03:45

** Shares of SKS Technologies SKS.AX rise as much as 13.3% to A$3.01, hitting their record high level

** Advanced electrical technology solutions co reports full year profit after tax of A$14 million ($9.10 million) vs A$6.6 mln last year

** Annual sales revenue at A$261.66 mln, up 92% from a year before

** Forecasts FY26 revenue of A$300 mln

** About 706,300 shares traded, 2.4x the 30-day average

** YTD, stock up 55.9%, including current session's move

($1 = 1.5389 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))